Updated about 3 years ago on . Most recent reply
2% Seller Concession Max on Investment Loans?
Good morning,
My lender told me there is a 2% max on seller concessions for an investment loan. Did we miscommunicate? Or is that accurate?
Typically I make my offers with seller concessions to help with closing costs and buying down the interest rate. Is that only an option on a primary residence? Or did I misunderstand her? Do I need to shop for other options? Thanks for any help you can provide.